CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

June 16th — According to HTX market data, HYPE’s price has once again topped $70, currently trading at $69.974 with a 7.1% gain over the past 24 hours.

June 16 — According to monitoring from GMGN, the Chinese meme coin "Lobster" on the Binance Smart Chain (BSC) has been steadily rising this month. Its market cap surpassed $14 million today, hitting a near two-month high. The token recorded a 26% gain in the past 24 hours, with trading volume totaling $1.3 million over that same period. Cumulatively, it has surged 133% so far this month. BlockBeats Note: Meme coins are extremely volatile, driven almost entirely by market sentiment and hype, with no tangible underlying value or practical utility. Investors should fully understand the associated risks before engaging with such assets.

June 16, 2025 – Renowned trader Killa (@KillaXBT) announced he’s closed half his SpaceX stake, noting the stock is overvalued from a fundamental standpoint. That said, momentum remains red-hot, the hype is tangible, the low-float narrative is holding strong, and the short squeeze rally is unfolding exactly as expected. For context, on the day SpaceX went public, Killa warned retail investors not to short the stock and advised against taking positions opposite major institutional players like BlackRock, Fidelity, and Vanguard. A Bitcoin-focused quantitative trader, Killa accurately called the peak of this bull market back in May 2025 and boasts over 200,000 followers on X. Mid-April, he shorted Bitcoin at $74,688 before flipping to a long position during the broad market downturn on June 5.

June 16 – According to data from Farside Investors, Bitcoin ETFs posted a combined net outflow of $64.8 million in yesterday’s trading session. Breakdown shows IBIT saw a net inflow of $66.4 million, while GBTC recorded a net outflow of $124 million. For Ethereum ETFs, the total net inflow reached $22.5 million, with ETHA drawing a net inflow of $17.6 million.

**Headline: HashKey Chain Teams Up With Morpho to Drive Innovation in DeFi, CeDeFi, and RWA Lending** On June 16, Hong Kong-based HashKey Chain announced a strategic partnership with decentralized lending protocol Morpho. The two parties will combine HashKey Group’s regulatory-compliant infrastructure and Morpho’s efficient lending protocol architecture—powered by an open credit network—to explore novel applications across decentralized finance (DeFi), centralized decentralized finance (CeDeFi), and real-world asset (RWA) lending. HashKey Chain is an institutional-grade, compliance-focused blockchain operated under HashKey, with a mission to reimagine global on-chain financial markets. Built around core pillars of compliance, security, and innovation, it serves as foundational infrastructure for the next era of on-chain finance, enabling stablecoins, real-world assets (RWAs), and institutional-grade DeFi to collaborate and operate seamlessly within a unified ecosystem.

On June 16, Bitget released an official announcement stating that its stock contract product has launched trading for underlying assets including BUD (Anheuser-Busch InBev), NKE (Nike), KO (Coca-Cola), ABNB (Airbnb), MAR (Marriott International), V (Visa), plus 11 more instruments. These new offerings cover sectors closely tied to major upcoming sports events: sports entertainment, travel, and consumer brands. The contracts support a maximum leverage of 20 times. For full details, please refer to Bitget’s official platform.